Searches And Hires
The deferred compensation plans currently work with Empower and Nationwide Retirement Solutions.
The retirement system is seeking open-end core real estate managers to handle up to $40 million.
The deferred compensation plan also placed its domestic small-cap value equity manager on watch yesterday.
The retirement association recently made two redemptions for performance reasons.
The retirement plan hired three hedge fund managers in the first quarter.
The current consultant will see its contract expire next June.
The retirement system is searching for two open-end core managers to handle $40 million.
The board will hear a recommendation from staff and its investment consultant to approve a co-invest commitment to an infrastructure fund-of-one with an existing manager within its portfolio.
The commitments to three firms totaled $180 million.
The retirement plan transitioned its domestic small-cap growth equity allocation to passive management in the second quarter.
